tp2 hit target

USDJPY: Open Hour

pl post the details of your back test. how have you tested ? with EA ? i only tried UJ. other pairs i dont know

USDJPY: Open Hour

as per original post stoploss is 25 , tp 50 for 5 min chart

EMA Cut

i am using FXCM UK which is GMT+1 todays trade : 1st lot TP hit. 2nd lot move sl to be

USDJPY: Open Hour

thanks for the axplanation, although i didnt understand...

USDJPY: Open Hour

we will wait for next day. no point chasing...

USDJPY: Open Hour

this is the picture for todays trade. short triggered...

USDJPY: Open Hour

how have you concluded at 50%, do you have a EA ? what SL, TP you used ? with better RR even 50% winning system could be very good

A simple strategy with no indicators

i dont know the difference between stop order and limit order. may be you can give an example.

USDJPY: Open Hour

pl post charts as you see them .... higher time (atleast 30 min) will work better than 5 min... my view on 30 min, step3 shoul occur within 6 bars , not 12.

EMA Cut

hi jag, i think its a good idea to start a new thread for this system, we can discuss more.

A simple strategy with no indicators

i have modified the EA from Jasus to fix some issues. i tested this with 30 min EU for alst 3 months, i got 3 orders , all are winners. i tried with 50 sl, 75 tp we could have got more pips with trailing sl or using prev wave high/lo for sl,tp also ...

EMA Cut

if you put a arrow up/down above/below candle that triggered the order, then we can see clearly

EMA Cut

the EMA Condition is for step 3 not 2. EMA condition means 5 >8, 25>55, 5>200, 8>200, 25>200, 55>200. this allignment EMAs is called step3. first cross of 200 ema is step1 bullish candle that opens and closes above 200 is step2 and should occur ...

EMA Cut

that would be great

USDJPY: Open Hour

i tested this on EU M5 between april 1 2010 and july 09 2010, it generated 15 orders, 14 are winners and 1 loser !!!!! with SL 250 pips and TP 50. i know 250 is bad, but the hit ratio is very good. i didnt notice there is a multiplier 10 on ...

EMA Cut

i am still learning coding, but looks like a bug in the EA. if ( Close[i] > Open[i] && Open[i] > EMA(200, i) && EMAConditions(i, true) ) its taking trade only when we have a perfect setup which means step3 happens next bar to step2. 13bar rule is ...

EMA Cut

limit orders

USDJPY: Open Hour

when the candle size is less than 10 pips, i consider it as 10 and do the math. that means 12 pips SL, 12 TP1, 24 TP2 (considering 2 pips buffer)

USDJPY: Open Hour

subscribing to this thread....

Higher low, lower high system